MTC metalstech limited

Ann: MetalsTech to Acquire the Bay Lake North Cobalt Project, page-41

  1. 5,505 Posts.
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    It will be interesting to see how hard it will be to accurately intersect those targets acquired magnetically, as the drill is quite narrow and we will be trying to intersect veining, which will also be relatively narrow. The old mining methods were by sight, find mineralisation at surface and follow the vein wherever it goes, and they likely aren't in perfectly straight lines.

    First Cobalt have been drilling for a while now in the vicinity and have found it a little challenging to find the high grade veins, likely for this reason IMO. Narrow drill, narrow but highly concentrated mineralisation.

    It will be interesting to see our results compared to theirs.
 
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